· Financial close of Market Development Centre in Italy with second targeted in Croatia · Billingham RDF project completes concept design and progresses toward financial close · Revenue and EBITDA on track for 2021 · £16 million capital raise fuels strategic growth from project development business · Finance Director search completed and transition underway · Plant construction. Two biomass-to-energy plants under construction by EQTEC and its partners are progressing despite pandemic-related challenges. The Agrigas 1 agricultural waste project in Larissa, Greece, the country s first advanced gasification waste-to-energy plant, is progressing to plan with EPC partner ewerGy GmbH ( ewerGy ) and local partner ECO Hellas ( ECO Hellas ). The first of three planned batches of EQTEC equipment has been
MISSOURI DEPARTMENT OF NATURAL RESOURCES AWARDED GRANT FOR INITIATIVE TO ASSESS RARE EARTH ELEMENTS AND CRITICAL MINERALS
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New Partnership Receives $1 5 Million to Study the Feasibility of Recovering Critical Minerals
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American Resources Corporation Selected as a Consortium Member in U.S. Department of Energy Contract to Assess Northern Appalachian Critical and Rare Earth Elements
Company expands its partnership with Penn State as a member of CORE-CM consortium
FISHERS, IN / ACCESSWIRE / May 5, 2021 / American Resources Corporation (NASDAQ:AREC) ( American Resources or the Company ), a next generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, today announced that the Department of Energy s National Energy Technical Laboratory ( NETL ) has selected a Consortium to Assess Northern Appalachia Resource Yield ( CANARY )
, led by Penn State , which includes American Resources, for an award targeting rare earth element ( REE ) and critical mineral recoveries from waste streams. The grant, Carbon Ore, Rare Earth and Critical Minerals (CORE-CM) Initiatives for U.S. Basins, will assess and catalog Northern Appalachian sources of REEs an